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NASA has selected 140 research proposals in its 2004 Small Business Innovation Research program with a total value of approximately $84 million. The contracts will be awarded to 124 small, high technology firms in 34 states. The contracts may lead researchers to new technologies that may have an impact on NASA's scientific and aerospace research goals.

The Small Business Innovation Research program is a highly-competitive, three-phase award system. It provides qualified small businesses with opportunities to propose innovative ideas that meet the specific research and development needs of the federal government.

Phase 1 is a feasibility study to evaluate the scientific and technical merit of an idea. Awards are for up to six months in amounts up to $70,000. Phase 2 expands on the results on the development of Phase 1. Awards are for up to two years in amounts up to $600,000. Phase 3 is for the commercialization of the results of Phase 2 and requires the use of private sector or non-SBIR federal funding. The NASA awards are for the second-phase in this competitive process.